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To: Shack who wrote (111306)1/6/2005 4:07:18 PM
From: byhiselo  Read Replies (1) | Respond to of 209892
 
<<biggest bear here>>

the few, the proud g

cheers



To: Shack who wrote (111306)1/6/2005 4:11:33 PM
From: The Freep  Read Replies (1) | Respond to of 209892
 
But Shack, on the 60 minute, there's no wedge that I see. The down since yesterday's high isn't sharp, but it channels. we're at the bottom of that formation, too.

There were some divergences at the low today on the wiggles, but I wouldn't hang a bullish hat on 'em.

the freept



To: Shack who wrote (111306)1/6/2005 4:22:52 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
Kinda wiggly, don't you think?.....g ... But say it's a real wedge...that would signal a move to its beginning, and that would be ALL the way up to 1579....a good little wiggly move ??? ...vbg

But, wiggly or not, guess I would agree its "hounding" can mean something......



To: Shack who wrote (111306)1/6/2005 4:27:38 PM
From: elliottrules  Read Replies (2) | Respond to of 209892
 
Shack,

1555 area is important for lots of reasons.

c = 1.618 x a at 1556 (from the top on 12/3)
38.2% of the advance from 10/26/04 at 1424 to the 12/3/04 high 1632 is 1554.49.

Below 1555 is 1530 and then 1504

Regardless, still think 1661 is comin soon that is why I am holding long from deep in the hole. Any advance above 1577 on the NAZ 100 would be the first real sign that this small wave iv is over. Until then, anything goes on the DOWNSIDE.

ttrader.com